Poverty in the Philippines

7342 Words30 Pages
Introduction The Philippines is one of the three countries granted exemption in 1995 from the removal of quantitative restriction (QR) on rice under Annex 5 of the World Trade Organization (WTO) agreement. Japan and South Korea are the other two countries. The exemption will expire on December 31, 2004. The primary objective of the paper is to look at the possible poverty and distributional effects of the removal of the QR and the reduction in tariffs on rice imports. In particular, the paper attempts to analyze the following issues: (a) Do the poor share in the potential gains from a freer market for rice? (b) What alternative or accompanying policy measures may be needed to ensure a more equitable distribution of the potential gains…show more content…
poverty can be manifold - poverty in the Philippines can be divided by priority into following causes: - poverty in the Philippines caused by laziness to work harder and more hours - poverty in the Philippines caused by lack of quality consciousness - poverty in the Philippines caused by lack of love FOR God and thus FOR all his children on earth - poverty in the Philippines caused by abuse by rich ones - poverty in the Philippines caused by mismanagement of government due to lack of sincere interest for the benefit of ALL - poverty in the Philippines caused by social injustice created by mankind / industry / money world / investors / rich ones - poverty in the Philippines caused by accidents / disasters / war / political instability - poverty in the Philippines caused by personal karma lets elaborate from top to bottom above causes of poverty: Philippines - compared to many other countries is a VERY spoiled country - spoiled by God far more than many other
Get Access